Tuesday, April 26, 2016

Four consequences of a $15 minimum wage - LA Times

Four consequences of a $15 minimum wage - LA Times



...In California, the bottom 10% of wage earners made on average $9.48 an hour last year, a 20% increase since 2005, unadjusted for inflation. Workers in the top 10% of wages earned on average $53.08 an hour, a 35% jump from 2005, according to data from the Bureau of Labor Statistics.

The upshot is that the difference between the bottom and top 10% of wages in the state has widened over the past decade, to $43.60 an hour from $31.35. The trend is almost exactly the same for New York....

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